Metaplanet stock closed at ¥197 on June 26, a 10.45% decline from the previous day, reaching a 52‑week low of ¥195. The Tokyo‑listed company holds 40,177 BTC, one of the largest public corporate Bitcoin reserves, and reports a market capitalization of ¥252.41 billion with daily trading volume of 34.90 million shares. Its 52‑week high of ¥1,681 means the current price is about 88 % below that peak, and the share price has fallen roughly 87 % over the past 12 months despite an increase of 27,832 BTC in its treasury during the same period. In the first quarter of 2026, Metaplanet added 5,075 BTC, bringing total holdings above 40,000 BTC. CEO Simon Gerovich said management would consider share buybacks if the stock remained below a net asset value multiple of 1.0×, though no formal buyback plan was announced. Metaplanet agreed to acquire Siiibo Securities for JPY 2.1 billion, obtaining a licensed securities platform in Japan, and plans to rebrand the unit as Metaplanet Securities to launch Bitcoin‑linked investment products and yield‑focused offerings. The company has set a long‑term target of holding 210,000 BTC by 2027, equal to about 1 % of Bitcoin’s fixed supply.